We added Westrock Coffee to our long list today. The SPAC price offers a compelling value for an essential player in the coffee channel. Westrock Coffee sits in the nexus between coffee growers and end consumers. It offers a number of services to coffee sellers from sourcing, roasting, brewing, blending, packaging, and formulation. It supplies more than half the largest retailers, QSRs, and C-stores. Westrock Coffee is the largest store label coffee and tea provider to U.S. restaurants. Consumers drink 20 million cups of its coffee daily. The ongoing shift in the consumers' coffee consumption to cold brew, pods, and RTDs underpins the company's investments for expansion.
Coffee consumption is one of the few consumer habits that accelerated during the pandemic and continued to grow as COVID-19's impact ebbed. Not only is Westrock Coffee profitable, but the company's growth drivers in the next few years are highly visible. The company's 20% revenue CAGR and margin expansion are best in class for top and bottom-line growth. Management is taking the company public to finance the capacity build-out to pursue the growth opportunities it has in front of the company. Our preview does a deep dive into those growth opportunities and where there is upside.
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Our investment themes are as follows:
